U S industrial output barely rises in March amid slack
Federal Reserve data show U S industrial production edged up by less than 0.2 percent in March as consumer goods gain offset by drops in business and defense equipment. Auto output held steady while iron and steel, construction materials rose. durable goods weakened.
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Washington
Nixon
Federal Reserve Board
White House
Paul W. McCracken
Jackson urges White House shakeup in Senate speech
Washington Senator Henry Jackson urged President Nixon to conduct a thorough spring cleaning at the White House. In a Senate speech he named as possible Democratic candidate George Schultz, director of the Office of Management and Budget, as someone who should go. Schultz was accused of hindering 811 billion in public works by delaying funds.
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Revolt Urged to Avert World Destruction, Harris Says
David Harris told 1,275 at Cubberly High School that a revolt is needed within 25 years to prevent total destruction. He warned survivors would mostly be psychotics if the world comes to ruin and suggested action against that fate. Harris, newly released from prison, addressed the conference on Critical Issues in International Affairs.
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David Harris
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Kennedy cites concern over too much surgery in nation
Sen Edward M Kennedy told a Senate health subcommittee hearing that there might be too much surgery and misaligned incentives among surgeons. Dr George Wimmer, head of the New York Medical Society, responded that safeguards exist in hospitals and medical facilities to prevent unnecessary procedures and discipline surgeons who perform needless work.
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Meany blasts Nixon over steel pay alert and inflation
AFL-CIO leader George Meany accused the White House of backing steel industry employers in resisting wage hikes. He warned talks with United Steelworkers could rise, pegged to August contract expirations, and criticized Burns and Nixon for two years of poor economic policy. Federal civilian employment fell 3 percent to 2.9 million, while state and local jobs rose 4 percent to 10.2 million.
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George Meany
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Meany
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Nixon
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Arthur Burns
UPI
Labor leaders push for fair share amid wage concerns
Union chief Meany vows to press for a bigger slice of national wealth as Nixon's economic team weighs policy, signaling ongoing tension over wages and living standards in the economy.
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Meany
Nixon
Steel wage talks warn of cuts in industry jobs
Tuesday’s report notes a proposed steel industry wage rise similar to the Steelworkers’ recent 9 percent annual boost over three years could sharply reduce steel industry employment and alter the sector’s competitiveness against foreign producers.
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